Macau's total game revenue in February reached 2 billion Macau Pataca ($ 77 million)

Macau casinos were pretty strong in 2022, with the latest earnings figures released and up in February.

Regional revenue for the month77 billion Macau Pataca ($ 6000 million)So, it increased by more than 2021% from 6. Compared to January, it has been pushed up to more than 1%.

Bakara-chan

Is it a profit of 110,964,594,000 yen in Japanese yen?
It's 1 billion in a month, right?

Rureko

It's amazing that you can make 1 billion profits a day by simple calculation ...

Details of improved results

February was a successful month for Macau.The area was successful as operators identified stable visitors during the Chinese New Year holidays.The total number of visitors is up, and Inside Asian Gaming reports that the Public Security Police have shown that more than 2 visitors have arrived in Macau on Saturday.

This is the highest total day since it started in 2022.

Despite the high numbers, COVID-19 still plays a negative role in welcoming guests to the region.The area still bans visits from Hong Kong, reducing the number of regular visitors.

Hong Kong is currently suffering from the first major infectious disease since the start of the pandemic.

In addition, Macau has strict border control with mainland China, and is also an area with many tourists from China.It is expected that regular travel will eventually be restored and stable entry will be possible on a regular basis.

During the first two months of 2022, Macau earned a total game revenue of MOP 2 billion.Compared to the previous year, the total amount has decreased by 141%.

Compared to 2019, the total will be even lower. February 2019 totals were more than 2% higher than last month's revenue, but of course this was before the pandemic.

2021 tax payment

In 2021, Macau increased taxes paid to local governments.The Financial Services Agency recently reported that Macau paid MOP 2020 million, an increase of 13.8% compared to the amount paid in 339.

The region is steadily recovering, albeit at a slower growth rate, due to the COVID-19 pandemic.

The increase was welcomed, but it was below expectations.

The government estimated the industry's revenue from the annual budget to be MOP500 billion. The total game revenue in 2021 was MOP868 billion (about 6000 billion yen), an increase of 108% from 2000.That said, it's still down compared to 2020 numbers.

The 2022 annual budget estimates that the gaming tax will reach MOP 500 billion.

For the region to reach estimates, it will need to continue to see tourists and open borders to Hong Kong and mainland China.